SAWT BEIRUT INTERNATIONAL

| 24 April 2024, Wednesday |

Airbus wins order to renew Qantas fleet -sources

Australia’s Qantas Airways Ltd (QAN.AX)is poised to select Europe’s Airbus (AIR.PA) for a major airplane order to renew its regional and mainline narrowbody fleets, two people familiar with the matter said.

An announcement of the two-pronged deal, which was first reported by Bloomberg News, is imminent, they said, asking not to be identified on confidential negotiations.

Airbus has been competing with Boeing Co for one of the industry’s most keenly awaited deals- described recently by the airline’s chief executive as a “once-in-a-generation” fleet renewal and expected to feature more than 100 jets.

Neither manufacturer agreed to comment.

Airbus has been competing with Boeing Co for one of the industry’s most keenly awaited deals- described recently by the airline’s chief executive as a “once-in-a-generation” fleet renewal and expected to feature more than 100 jets.

Neither manufacturer agreed to comment.

A Qantas spokesperson said there would be an announcement in about two hours, but had no further comment.

Chief Executive Alan Joyce said in October the carrier expected to order more than 100 narrowbody and regional planes, with a preferred supplier to be chosen in December.

It is separately looking at widebodies capable of the world’s longest commercial flights from Sydney to London.

    Source:
  • Reuters